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Friday 15 March 2024
Globalfoundries reportedly to implement personnel restructuring in Singapore and Taiwan amid speculation of job relocation to India
US-based pure-play foundry GlobalFoundries is said to be in the midst of personnel restructuring, with speculation suggesting a relocation of certain job roles from Singapore and...
Friday 1 March 2024
TSMC co-COOs could be a stepping stone to new leadership, say sources
With TSMC's announcement in December 2023 that chairman Mark Liu will step down after the shareholder meeting in June 2024, the pure-play foundry has begun a new round of organizational...
Monday 15 January 2024
ST announces restructuring to accelerate time-to-market
STMicroelectronics has unveiled its upcoming organizational restructuring, set to take effect on February 5, 2024. The new organization is to "deliver enhanced product development...
Monday 25 December 2023
Samsung unveils dual-track development for OLEDoS and LEDoS
Earlier reports of Samsung Group's dual-track development for OLED on Silicon (OLEDoS) and LED on Silicon (LEDoS) have been confirmed recently, as top executives within the group...
Tuesday 19 December 2023
LG Electronics fast-tracks 'Triple 7' goals for 2028 amid 2023 record-breaking year
Amid LG Electronics' anticipation of setting new performance records in 2023, President Cho Joo-wan has expedited the South Korea-based company's "Triple 7" target by two years. As...
Thursday 2 November 2023
Delta Electronics undergoes reshuffling for its EV business
Delta Electronics has announced that it is reorganizing its business units to better manage its rapidly growing electric vehicle (EV) operations. The firm is expecting an 80% on-year...
Friday 6 October 2023
Harmony Electronics seizes opportunity in global supply chain reorganization with launch of second Thailand plant in Omnoi
Tensions in international trade since 2018 have complicated supply chain resilience for the leading top-tier brands within the electronics industry. Complex customer clearance and...
Friday 15 September 2023
What has global supply chain restructuring meant for Taiwan?
After the reconfiguration of global supply chains, it will mark the beginning of Taiwan's great navigation era, and the trend of large-scale supply chain relocation has made supply...
Thursday 7 September 2023
Restructuring expected in global industrial robot market due to Midea's acquisition of Kuka
After China-based Midea Group acquired a 100% stake in the Germany-based robotics giant Kuka, the industrial robotics industry is expected to experience a reshuffle.
Friday 14 July 2023
Notebook ODMs may gain more orders from Asustek
One of the key points of Asustek Computer's organizational restructure is its R&D department. This personnel shift suggests that the brand PC company may place more orders with...
Wednesday 12 July 2023
Asus undertakes major restructuring to counter profit slump
Asus, the Taiwan-based tech conglomerate, commenced an extensive internal restructuring plan on July 11. The shake-up is estimated to affect up to 1,000 employees, who mainly belong...
Tuesday 4 July 2023
Innolux to shake up corporate structure
Panel maker Innolux has announced a corporate restructuring plan that will divide its corporation into two business groups.
Monday 3 July 2023
India roundup: Xiaomi reportedly undergoing restructuring and layoff in India
Amid India's government scrutiny, Xiaomi was reportedly reducing its headcounts in India and shifted most of its decisions to its parent company in China. Vedanta continued its foray...
Wednesday 28 June 2023
Foxconn refutes Lordstown allegations amid lawsuit
Lordstown Motors has filed a lawsuit against Hon Hai Technology Group (Foxconn) and some of its subsidiaries, including Foxconn Ventures, in the US Bankruptcy Court for the District...
Wednesday 14 June 2023
Cost reduction could be crucial to Volkswagen's restructuring
Numerous media outlets have reported that the Volkswagen Group of Germany could undergo its largest reorganization in a decade. In the impending reorganization, cost reduction would...